36 Blackamore AveCranstonRI02910
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cranston at 36 Blackamore Ave, Cranston, RI, 02910 priced at $539,900 pairs $2,564/mo rent with after a $2,643/mo payment. Total monthly income equals $2,564/mo. Return on cash invested is 13.57% in year one, and rental yield stands at 5.7% on a $539,900 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,164 by year five. Five-year ROI measures 69.28% and total cumulative return in cash reaches $123,067. For financing, Ziffy Mortgage’s DSCR program evaluates $2,564/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02910, Cranston, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,132 (100%) |
| Owner Occupied HU | 5,914 (64.8%) |
| Renter Occupied HU | 2,888 (31.6%) |
| Vacant Housing Units | 330 ( 3.6%) |
| Median Home Value | $357,670 |
| Average Home Value | $384,889 |
Housing Distribution
Address Breakdown
Residential
8,771
Single Family
8,537
Multi-Family
234
Businesses
999
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Listed by: Stephen Ragosta • Westcott Properties
Mls Name: StateWide MLS RI
Mls ID: #1399864